Equity indices traded sideways with gains in morning trade. The Nifty held above the crucial 14,900 mark. Metal, pharma and PSU bank stocks advanced while IT stocks were under pressure.
At 10:27 IST, the barometer index, the S&P BSE Sensex, was up 330.15 points or 0.67% at 49,536.21. The Nifty 50 index was up 108.85 points or 0.73% at 14,932.95.
In broader market, the S&P BSE Mid-Cap index was up 0.74% while the S&P BSE Small-Cap index gained up 0.84%.
The market breadth was strong. On the BSE, 1845 shares rose and 878 shares fell. A total of 189 shares were unchanged.
COVID-19 Update:
Total COVID-19 confirmed cases worldwide stood at 157,954,082 with 3,288,812 global deaths.